Cirrus Spotlight Client - MagneGas Corporation (OTC BB: MNGA)
Why should you care about clean tech? Because the smart money does. With the capital markets otherwise frozen, investment in clean tech companies actually grew by 68% in 2008, up to $4.7 billion.
The Idea
Imagine the sales pitch:
"Mr. Mayor, how would you like to take the hundreds of thousands of tons of liquid waste your town produces each year, waste that is destroying your streams, beaches and water table, and turn it into clean energy that can power your community and commercial efforts?"
This is the future of MagneGas.
The Investment Thesis
- Nobel Prize-nominated scientific leadership coupled with decades of industrial/specialty gas distribution expertise
- Dunedin, FL municipal facility test underway expected to prove efficacy of technology, opportunity for profit and provide template for national roll-out
- Metal cutting market provides immediate sales opportunities while more expansive projects are under development
The Growth Catalysts
2009: Install three industrial demonstration centers across U.S.
- Refinery converting municipal sludge to fuel for city use
- Refinery converting municipal sludge to fuel for metal cutting
- Pilot station converting wind power into fuel
2010: Dramatically further R&D for specific applications
- Catalytic liquification of MagneGas™
- Use as additive to clean coal exhaust
- Separation and commercialization of hydrogen
Ongoing: Monetize applied technology
Example: Capture 1% of $680 MM metal cutting market alone by 2011, 2% by 2013
